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1579 Eastside Lake Rd

Graham, TX 76450
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Just listedJust listed
2 Bedroom(s)
2 Full & 1 Half Bath(s)
1,800 Sqft
1.10 Lot Acres
Residential - Single Family

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Description

Turnkey investment opportunity with a lake view! This Lake Graham leasehold property offers incredible financial flexibility and cash flow potential, easily functioning as a full-time residence, an income generator, or a blended-use retreat. Includes two distinct, beautifully updated residences built in 2022. The 1,200 sq. ft. house offers a comfortable 1 large ensuite bedroom with a bathroom and walk-in closet connecting to a utility room with washer and dryer hookups. The open concept kitchen and living room combo features granite-countertops beneath vaulted ceilings. Both the living room and the bedroom have sliding doors access to a covered back porch with multiple seating and dining spaces facing the western sky lake view for morning coffee, afternoon drinks, and family cookouts. Includes a half bath for guests and gatherings. Under the same roof as the main house is a 600 square foot carport workshop that could converted to extra living space if needed. Both the main house and the efficiency apartment boast custom granite countertops with modern finishes in the kitchens and bathrooms with luxury wood like vinyl flooring throughout. The property's income potential is the separate 600 sq. ft. efficiency apartment, currently operating as an affiliated AirBNB, generating 1,000–1,500 monthly. This apartment was designed as a handicap accessible unit with it's own kitchen, bedroom, and bathroom. The yard has a sprinkler system with the water supplied from Lake Graham. Included is a parking space ready for a travel trailer with water and sewer hookups for personal use or as another rental potential. Along with storage container on site, the sellers are open to negotiating most of furnishings (except for some family heirlooms), furniture, appliances, tools, and yard equipment, The City of Graham leasehold is currently $1,000 a year (discounts available for 65+ and homestead). This is a rare chance to offset your lake lifestyle with established income.

MLS#
NTREIS-21414433
List Price
$399,000 ($222/Sqft.)
Listing Status
For Sale
Address
1579 Eastside Lake Rd
City
Graham
State
TX
Zip Code
76450
County
Young County
Subdivision
Lk Graham
Legal Description
EAST LAKE GRAHAM - LOT 555R
Property Type
Residential - Single Family
Bedroom
2 Bedroom(s)
Bath
2 Full & 1 Half Bath(s)
Garages
2 / Attached
Stories
1
Building Size
1,800 Sqft/Appraisal District
Architecture Style
Contemporary/Modern
Year Built
2022 /Appraisal District
Lot Size
1.10 Lot Acres/Appraisal District
LP / Acre
$362,727 / Acre

Rooms

Living
19 x 19, 1st
Kitchen
19 x 11, 1st
Primary Bedroom
18 x 13, 1st

Interior

Number Of Living Area
2
Floors
Luxury Vinyl Plank
Cooling
Central Air, Electric, Other
Heating
Central, Electric, Propane, Other
Window
Window Coverings
Appliances
Dishwasher, Electric Range, Electric Water Heater
Other Equipment
Generator,Negotiable
Security System
Smoke Detector(s)
Interior
Built-in Features, Cathedral Ceiling(s), Decorative Lighting, Eat-in Kitchen, Granite Counters, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior

Roof
Metal
Private Pool
No
Exterior Type
Metal Siding
Lot Description
Leasehold, Sprinkler System, Water/Lake View, Waterfront
Water Amenity
Lake Front
Garage Size
30 X 20
Parking
Additional Parking, Carport, Covered, Garage, RV Access/Parking
Parking Space
Garage 2 / Carport 0 / Total Covered 2
Controlled Access
Accessible Bath - Full, Accessible Bedroom, Accessible Doors, Accessible Entrance
Porch
Covered
Utility
All Weather Road,City Water,Gravel/Rock,Individual Water Meter,Septic
Exterior
Covered Patio/Porch, RV Hookup

Extra details you may need to know

Dwelling Type
Lake House
Community Features
Fishing,Lake
Lake Pump
Yes

Lot Information

Lot Size
1.10 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Oct 19, 2026 at 06:08 AM
Listing last updated Oct 17, 2026 at 11:18 PM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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